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Borrowed Funds (Tables)
12 Months Ended
Dec. 31, 2018
Borrowed Funds [Abstract]  
Summary Of Borrowed Funds



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

December 31,

(in thousands)

 

2018

 

 

2017

Short-term borrowings:

 

 

 

 

 

 

 

Securities sold under repurchase agreements

 

$

8,923 

 

 

$

11,141 

Federal Home Loan Bank advances

 

 

380,000 

 

 

 

270,000 



 

 

388,923 

 

 

 

281,141 

Long-term debt:

 

 

 

 

 

 

 

Securities sold under repurchase agreements

 

 

 —

 

 

 

5,000 

Federal Home Loan Bank advances

 

 

362,027 

 

 

 

418,797 



 

 

362,027 

 

 

 

423,797 



 

$

750,950 

 

 

$

704,938 



Securities Sold Under Repurchase Agreements



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

(dollars in thousands)

 

2018

 

2017

Average daily balance during the year

 

$

15,790 

 

 

$

15,903 

 

Average interest rate during the year

 

 

1.31 

%

 

 

1.77 

%

Maximum month-end balance during the year

 

$

18,548 

 

 

$

19,188 

 

Weighted average interest rate at year-end

 

 

.05

%

 

 

1.72 

%



Federal Home Loan Advances



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

(dollars in thousands)

 

2018

 

2017

Average daily balance during the year

 

$

607,797 

 

 

$

524,404 

 

Average interest rate during the year

 

 

2.05 

%

 

 

1.68 

%

Maximum month-end balance during the year

 

$

742,027 

 

 

$

688,797 

 

Weighted average interest rate at year-end

 

 

2.34 

%

 

 

1.75 

%



Contractual Maturity And Weighted Average Interest Rates On FHLB Advances



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Contractual Maturity (dollars in thousands)

 

Amount

 

 

Weighted
Average
Rate

Overnight

 

$

230,000 

 

 

2.60 

%

2019

 

 

223,500 

 

 

2.43 

 

2020

 

 

82,750 

 

 

1.84 

 

2021

 

 

54,225 

 

 

1.90 

 

2022

 

 

75,872 

 

 

2.05 

 

2023

 

 

55,680 

 

 

2.54 

 

After 2023

 

 

20,000 

 

 

2.01 

 



 

 

512,027 

 

 

2.22 

 



 

$

742,027 

 

 

2.34 

%